Earnings summaries and quarterly performance for Lucid Group.
Executive leadership at Lucid Group.
Board of directors at Lucid Group.
Research analysts who have asked questions during Lucid Group earnings calls.
Andres Sheppard-Slinger
Cantor Fitzgerald
4 questions for LCID
Also covers: ACHR, AUR, EVEX +10 more
Stephen Gengaro
Stifel Financial Corp.
4 questions for LCID
Also covers: ACDC, AESI, AMRC +24 more
Tobias Beith
Redburn Atlantic
3 questions for LCID
Also covers: PSNY
John Murphy
Bank of America
2 questions for LCID
Also covers: ABG, ADNT, AN +16 more
Adam Jonas
Morgan Stanley
1 question for LCID
Also covers: APTV, CAR, CVNA +7 more
Christopher Pierce
Needham & Company
1 question for LCID
Also covers: ACHR, ACVA, AUR +12 more
Davis Sunderland
Baird
1 question for LCID
Also covers: BE, CWT, DAR +3 more
Gautam Narayan
RBC Capital Markets
1 question for LCID
Also covers: APTV, AXL, CPTN +5 more
Jake Scholl
BNP Paribas
1 question for LCID
Also covers: AXL, GNTX, GT +2 more
James Picariello
BNP Paribas
1 question for LCID
Also covers: ADNT, APTV, AXL +11 more
Steven Fox
Fox Research
1 question for LCID
Also covers: AMKR, APH, BDC +22 more
Recent press releases and 8-K filings for LCID.
Lucid Outlines Midsize Platform, Autonomy Partnerships, and Financial Position
LCID
Product Launch
New Projects/Investments
Guidance Update
- Lucid is developing a next-generation midsize platform targeting a price point around $50,000, which will include three vehicles and aims for larger market volumes, while maintaining its premium/luxury focus. The Lucid Gravity SUV, a seven-seater, is also ramping up and will come to Europe by the end of 2025 and beginning of 2026.
- The company is on track to meet its 2025 production guidance of 18,000-20,000 vehicles, aiming for the lower end, and is currently producing 1,000 vehicles per week despite facing supply chain challenges.
- Lucid has secured its funding well into 2027 with $5.5 billion in Q3 proforma liquidity, supported by a $2 billion deferred draw term loan from PIF and a recent ~$1 billion convertible bond refinancing.
- Strategic partnerships include a cooperation with Uber for a robotaxi segment, planning to deploy 20,000 Lucid Gravity vehicles over six years starting in the Bay Area next year, and a collaboration with NVIDIA to co-develop next-gen L4 autonomous driving technology.
15 minutes ago
Lucid Discusses Next-Gen Platform, Autonomy, and Financial Strategy
LCID
Product Launch
New Projects/Investments
Guidance Update
- Lucid's next-generation Mid-size platform will target a more accessible price point starting around $50,000 and is planned to begin production in Saudi Arabia towards the end of 2026.
- The company expects Q4 2025 to be a strong quarter with quarter-over-quarter growth, driven by the resilience of the premium segment and increasing market share for its Air and Gravity models.
- Lucid is pursuing a dual autonomy strategy, partnering with Uber and Nuro for B2B robotaxi services, with a contract for 20,000 cars over six years starting in San Francisco, and with NVIDIA for B2C level four autonomous driving.
- Lucid anticipates a dramatic reduction in cash usage after 2026 as CapEx for current plants is largely complete, shifting focus to maximizing cash extraction and improving working capital.
7 days ago
Lucid Discusses Mid-size Platform, Autonomous Driving Partnerships, and Financial Outlook
LCID
Product Launch
New Projects/Investments
Guidance Update
- Lucid's CFO, Taoufiq Boussaid, reported that the premium segment for their Air and Gravity vehicles is resilient, with 70% of US vehicles leased, and expects Q4 to show quarter-over-quarter growth.
- The company's upcoming Mid-size platform will target a $50,000 starting price and begin production in Saudi Arabia (KSA) towards the end of 2026.
- Lucid has secured a partnership with Uber and Nuro for 20,000 robotaxis over six years, initially deploying in San Francisco, and is also partnering with NVIDIA for B2C Level 4 autonomous driving.
- The Mid-size platform will integrate autonomy hardware as standard, and the company anticipates a dramatic reduction in cash usage as major capital expenditures conclude, with an Investor Day scheduled for H1 2026 to outline its future roadmap.
7 days ago
Lucid Discusses Q4 Outlook, Mid-Size Platform, and Autonomous Driving Strategy
LCID
Product Launch
New Projects/Investments
Guidance Update
- Lucid's CFO, Taoufiq Boussaid, stated that the premium EV segment is resilient, and the company is experiencing constant improvement in market share for its Air and Gravity models.
- Q4 2025 is expected to be primarily a Gravity quarter, representing the majority of Lucid's production and sales, with orders trending as expected.
- Lucid plans a mid-size platform targeting a starting price of around $50,000, with initial production in Saudi Arabia (KSA) beginning in late 2026 and ramping to full capacity by 2029.
- The company is pursuing a dual autonomous driving strategy, including a B2B robotaxi partnership with Nuro and Uber for 20,000 cars over six years (starting in San Francisco) and a B2C Level 4 autonomous driving partnership with NVIDIA.
- Lucid anticipates a dramatic reduction in cash usage as CapEx for current plants and programs is largely complete, and plans an Investor Day in the first half of 2026 to detail its roadmap.
7 days ago
Lucid Group, Inc. Completes $975 Million Convertible Senior Notes Offering
LCID
Debt Issuance
Convertible Preferred Issuance
- Lucid Group, Inc. completed a private offering of $975,000,000 aggregate principal amount of its 7.00% Convertible Senior Notes due 2031 on November 17, 2025.
- The net proceeds from the offering, approximately $962.4 million, were primarily used to repurchase approximately $755.7 million in aggregate principal amount of its 1.25% Convertible Senior Notes due 2026 for approximately $752.2 million, with the remaining proceeds allocated for general corporate purposes.
- The new notes have an initial conversion price of approximately $20.81 per share, which represents a 22.5% premium over the last reported sale price of Lucid's common stock on November 11, 2025.
- In connection with the pricing of the notes, Ayar Third Investment Company entered into a privately negotiated prepaid forward transaction to purchase approximately $636.7 million of Lucid's common stock.
Nov 17, 2025, 9:05 PM
Lucid Group Closes $975 Million Convertible Senior Notes Offering
LCID
Debt Issuance
Convertible Preferred Issuance
- Lucid Group closed a $975.0 million offering of convertible senior notes due in November 2031, generating approximately $962.4 million in net proceeds.
- The company used approximately $752.2 million of these net proceeds to repurchase $755.7 million of its existing 1.25% convertible senior notes due 2026.
- The remaining net proceeds are intended for general corporate purposes, which strengthens the company's balance sheet for long-term growth.
- Lucid retains the flexibility to settle conversions in cash, stock, or a combination, allowing for management of potential dilution and cash obligations.
Nov 17, 2025, 9:05 PM
Lucid Group Announces Proposed Convertible Senior Notes Offering
LCID
Debt Issuance
- Lucid Group, Inc. announced a proposed private offering of $875,000,000 aggregate principal amount of Convertible Senior Notes due 2031, with an option for initial purchasers to buy an additional $100,000,000.
- The net proceeds from this offering are intended to be used to repurchase a portion of the existing 1.25% Convertible Senior Notes due 2026 and for general corporate purposes.
- Ayar Third Investment Company, a subsidiary of the Public Investment Fund of Saudi Arabia, will enter into a prepaid forward transaction, and Lucid will pay Ayar a periodic cash fee, initially at a rate of 0.5% per annum.
Nov 12, 2025, 1:34 PM
Lucid Group Prices Convertible Senior Notes Offering
LCID
Debt Issuance
Convertible Preferred Issuance
- Lucid Group priced an offering of $875,000,000 aggregate principal amount of 7.00% convertible senior notes due 2031.
- The notes have an initial conversion price of approximately $20.81 per share, representing a 22.5% premium over the November 11, 2025 closing price of $16.99 per share.
- Lucid estimates net proceeds of approximately $863.5 million, intending to use $752.2 million to repurchase $755.7 million of its outstanding 1.25% Convertible Senior Notes due 2026, with the remaining proceeds for general corporate purposes.
- Concurrently, Ayar Third Investment Company entered into a privately negotiated prepaid forward transaction to purchase approximately $636.7 million of Lucid's common stock.
Nov 12, 2025, 9:51 AM
Lucid Group Announces Proposed Convertible Senior Notes Offering
LCID
Debt Issuance
Share Buyback
- Lucid Group announced its intention to offer $875,000,000 aggregate principal amount of convertible senior notes due 2031 in a private offering.
- The company expects to grant the initial purchasers an option to purchase up to an additional $100,000,000 principal amount of notes.
- Lucid intends to use the net proceeds to repurchase a portion of its outstanding 1.25% Convertible Senior Notes due 2026 and for general corporate purposes.
- The Public Investment Fund of Saudi Arabia ("PIF"), through its wholly-owned subsidiary Ayar Third Investment Company, will enter into a privately negotiated prepaid forward transaction to demonstrate ongoing support for Lucid.
Nov 11, 2025, 9:15 PM
Lucid Group Reports Record Q3 2025 Revenue and Deliveries, Secures Significant Funding
LCID
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Lucid Group achieved record quarterly revenue of $336.6 million and record deliveries of 4,078 vehicles in Q3 2025, representing 47% year-over-year growth in deliveries. The company reported a Q3 GAAP diluted net loss per share of $(3.31).
- The company significantly strengthened its liquidity position, closing a $300 million strategic investment from Uber and agreeing with the Public Investment Fund (PIF) to increase the delayed draw term loan facility to approximately $2 billion, resulting in a pro forma total liquidity of approximately $5.5 billion.
- Lucid launched a strategic collaboration with NVIDIA for L4 autonomy and delivered the first Lucid Gravity engineering vehicles to Nuro for deployment of Uber robotaxis, with San Francisco targeted as the first city in 2026.
Nov 5, 2025, 10:30 PM
Quarterly earnings call transcripts for Lucid Group.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more